230.6
Revenue¥M
237.3
255.2
269.2
282.8
297.5
316.2
339.0
362.6
382.7
412.0
252.6
6.73%
6.26%
50
11.15
Revenue growth%
9.01
11.86
9.39
8.81
10.28
11.70
11.11
9.91
7.70
5.77
7.56
9.91
9.65
42
28.68
Gross margin%
3.32
5.19
3.29
0.81
0.40
0.40
0.40
1.14
2.20
4.23
9.63
1.14
1.67
28
23.31
Operating margin%
29.33
31.82
31.31
31.03
29.11
29.15
26.52
25.91
23.62
24.18
12.86
25.91
29.13
25
9.92
Net margin%
2.16
4.73
5.21
2.78
0.71
0.55
0.40
1.15
1.27
4.15
10.84
1.15
1.71
9
17.76
P/E ratio (avg)x
33.90
37.67
40.61
45.05
44.70
46.19
50.96
50.48
53.74
60.16
24.12
50.96
45.62
18
12.56
EV/EBITx
42.21
39.50
38.52
34.27
30.23
27.77
23.81
20.63
21.69
22.93
12.32
22.93
29.00
85
29.89
FCF yield (avg)%
16.55
17.29
18.29
15.57
16.82
14.40
14.52
12.51
9.66
9.49
20.55
12.51
15.05
68
14.85
FCF margin%
29.88
32.51
31.67
32.18
30.28
31.99
29.32
27.33
30.22
33.06
4.23
30.22
30.97
50
0.743
FCF / Net incomex
0.906
0.992
1.028
0.979
1.052
1.027
1.170
1.096
1.212
1.348
0.407
1.170
1.040
33
27.42
ROIC%
13.54
14.26
17.15
15.85
12.91
15.73
14.84
14.80
13.75
15.86
17.95
14.84
14.82
45
20.13
Return on equity%
11.57
9.90
7.11
5.84
4.28
3.33
2.67
0.40
1.03
0.40
28.08
1.03
3.80
66
3.87
Return on assets%
27.26
27.53
24.74
23.62
24.05
23.89
21.38
23.11
21.96
19.85
19.88
21.96
23.75
16
0.19
EPS¥
0.73
0.75
0.79
0.80
0.90
1.00
1.21
1.46
1.56
1.88
0.20
15.92%
12.14%
—
14.31
EPS growth%
14.82
15.29
15.64
16.98
17.72
18.72
20.63
21.93
21.84
21.69
28.33
21.69
18.22
51
0.52
Bookvalue per sh¥
0.56
0.59
0.65
0.71
0.73
0.73
0.74
0.74
0.69
0.72
0.18
(0.44%)
4.10%
—
0.34
FCF per share¥
0.29
0.29
0.28
0.26
0.26
0.23
0.23
0.21
0.21
0.19
0.44
(6.21%)
(4.39%)
—
0.37
Dividend per sh¥
0.21
0.22
0.23
0.25
0.30
0.34
0.39
0.43
0.46
0.46
0.21
8.91%
9.61%
—
27.22
Div yield (avg)%
19.07
20.81
21.12
23.82
21.26
23.99
22.08
20.72
22.46
22.00
14.01
22.08
21.63
45
12.77
Payout ratio%
10.67
13.05
14.60
15.32
17.87
20.63
21.08
20.11
17.77
20.55
14.41
20.55
17.82
91
261.3
Shares (diluted)M
308.4
318.8
291.1
281.7
306.9
276.9
306.6
331.5
309.0
312.9
267.0
0.38%
0.95%
62
16.04
Buyback yield%
13.77
16.73
16.33
18.08
16.59
18.52
18.63
17.47
17.71
19.25
9.35
18.52
17.59
62
1.401
D/E ratiox
2.257
2.279
2.282
2.461
2.824
2.714
2.962
3.435
3.798
3.621
0.375
3.435
2.769
13
245.7
Enterprise value¥M
236.0
271.0
325.8
394.1
478.2
513.5
569.4
689.0
739.0
725.3
314.3
8.69%
12.55%
38
0.359
LT debt¥B
0.553
0.637
0.635
0.669
0.656
0.759
0.852
0.934
1.073
1.221
0.068
13.24%
9.82%
35
Revenue
¥412.0M
6.26%
1.00×
Cost of revenue
¥272.3M
6.28%
1.00×
Operating expenses
¥88.75M
5.52%
0.93×
Property and equipment
15.89%
Spread over hurdle
23.55%